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Response to Lint Head (Original post)

Tue Nov 13, 2012, 05:31 AM

7. Just another case of TBTF

Too Big To Fail. I see nothing wrong with Capitalism. But there is something wrong when it goes amok. That's where we are now. Greed gone amok. Where do you think they derive their wealth? One word answer. Name it and see the answer below

L-A-B-O-R. That's right, they would be nowhere without labor, i.e. employees. Yet they have the gall to treat them the way they do: Low wages, cut hours, no benefits, blackmail, down-sizing, off-shoring, very little union representation left, etc., etc., etc. That is some kind of hubris. It's like we are going to have to re-fight the labor struggles all over again that were fought 100-150 years ago. I've always marveled at how the corporatists brag about capitalism and free enterprise, yet we have a standing unemployment list. There should be very little employment if it's truly all that great. It just seems to me THEY are the ones that need to be down-sized themselves. This might be the "richest nation on earth," but this kind of employer behavior has redistributed all the wealth to the top 1-5% of our society. Our standard of living is being lowered more and more and more. And to top it all off, they are trying to take our Medicare, Social Security, Medicaid, and unemployment benefits.

What about a new office in the department of labor for labor reform. We have a Chamber of Commerce for business. This new labor reform dept office would one-by-one go back through our standing laws that pertain to the relationship between business and labor. Set a standard of requirements that businesses have to adhere to in order to remain in business, as to pertaining to their employees. I know, that's what the labor unions are for, but one by one the unions are disappearing.

I'm just brainstorming here. Really, this cannot go on and on. This is not PROGRESS. We are going backwards. I digress for now...

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